OPEN-SOURCE SCRIPT

Daily 9 SMA S/R with Std Dev

70
This indicator plots the Daily 9 Simple Moving Average as dynamic support/resistance on any timeframe, with standard deviation bands to measure trend strength and identify overextended price action.

━━━━━━━━━━━━━━━━━━━━━━
HOW IT WORKS
━━━━━━━━━━━━━━━━━━━━━━

The Daily 9 SMA acts as a key level institutions watch. When price is above it, bullish bias. Below it, bearish bias. Simple.

Standard deviation bands show you:
- 1 StdDev = Strong trend territory
- 2 StdDev = Extreme/overextended - potential reversal zone

━━━━━━━━━━━━━━━━━━━━━━
FEATURES
━━━━━━━━━━━━━━━━━━━━━━

- Daily 9 SMA plotted on any timeframe
- 1 & 2 Standard Deviation bands
- Trend strength scoring (-3 to +3)
- Info table showing current values and trend status
- Visual signals for MA reclaims, losses, and trend entries

━━━━━━━━━━━━━━━━━━━━━━
ALERTS
━━━━━━━━━━━━━━━━━━━━━━

- Price Reclaims Daily 9 SMA
- Price Loses Daily 9 SMA
- Enter Strong Bullish Zone (>1 StdDev)
- Enter Strong Bearish Zone (<1 StdDev)
- Extreme Extension Alerts (2 StdDev)
- Bounce/Rejection at MA

━━━━━━━━━━━━━━━━━━━━━━
HOW TO USE
━━━━━━━━━━━━━━━━━━━━━━

1. Use on lower timeframes (5m, 15m, 1H) to see Daily levels
2. Look for bounces off the Daily 9 SMA for entries
3. Avoid longs when price loses the MA, avoid shorts when price reclaims
4. Use StdDev bands to gauge when price is overextended

━━━━━━━━━━━━━━━━━━━━━━
SETTINGS
━━━━━━━━━━━━━━━━━━━━━━

- MA Length - Default 9
- StdDev Multipliers - Default 1.0 and 2.0
- StdDev Lookback - Default 20
- Customizable colors

Works on any market - Forex, Crypto, Stocks, Futures.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.